Supalai Ville Chiang Mai

4.5 (1 Review)

Chai Sathan, Saraphi,Chiang Mai

Unit ID: U33442
4% Rental Yield
฿4,500,000 Great Price
Bedroom
3 Bedrooms
Bathroom
3 Bathrooms
Indoor Area
174 SqM Indoor Area
Stairs
2 Storeys
Construction
Dec 2015 Completed

3 Bedroom House for sale at Supalai Ville Chiang Mai

This property is a 174 SqM house with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the Supalai Ville Chiang Mai project in Chai Sathan, Chiang Mai and was completed in Dec 2015. You can buy this house for a base price of ฿4,500,000 (฿25,862/SqM).

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony

Basic Information

Property Type House
Storeys 2
Location Chai Sathan, Saraphi, Chiang Mai
Bedrooms 3
Nearest Landmark Promenada Chiang Mai -1 Km
Indoor Area 174 SqM
Price per SqM ฿25,862
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
N/A
Plot Size 224 SqM
House Ownership

Foreign nationals can own the building (house) in their own name but not the land that it stands on.

Company
Land Ownership

Foreign nationals cannot own land in Thailand. The options in which a foreigner can control the land are via a 30-year lease or by purchasing the land through a Thai company.

Thai Ownership
Land Title Deed N/A
Construction Completed (Dec 2015)
Furniture
Unfurnished
View(s) Garden View
Unit Type N/A
Parking Spots 2
Pool Size N/A
CAM Fee
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
N/A
Listed By
Private Owner
Date Listed Sep 22, 2017
Last Updated 2 years ago
Unit ID U33442

Price Analysis

Great Price
Estimated market value ฿6,723,365
Great
฿3,560,000
Good
Fair
Above
฿5,190,000
Current asking Price: ฿4,500,000 | Rental estimate: ฿15,000/mo
This house is ฿2,223,365 BELOW MARKET (-33%) in the Chiang Mai area. It is analyzed against similar houses and is based on previous transaction data, the current market situation, neighborhood details, and the specific details of this property.
Powered by FazWaz AVM

Investment Opportunity: Charges & Yield

Sale Price
฿4,500,000
Est. Rent
฿15,000/mo
Price-to-Rent Ratio
The price-to-rent ratio is calculated at the individual home level, where the sales price is divided by 12 times its monthly rent price.
25
Rental Yield
This is the gross rental yield based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other 3 bedroom houses at Supalai Ville Chiang Mai, and the current sales price.
4%

Project Details

Project Name: Supalai Ville Chiang Mai
Developer: Supalai
Construction: Completed (Dec 2015)
Units: 234
Project Area: 84,866 SqM
Nearest Landmark Promenada Chiang Mai - 1 Km
Location: Chai Sathan, Saraphi, Chiang Mai
Supalai Ville Chiang Mai Project Details

Project Features

24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking

Loan Calculator

Frequently asked questions

All kind of pets are allowed at Supalai Ville Chiang Mai including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Promenada Chiang Mai is the nearest Shopping Mall from Supalai Ville Chiang Mai and it is 1 km away.

The building (the bricks and mortar) can be owned by a non-Thai national outright in their name in what is called the house registry which secures ownership indefinitely of the structure. 

In Thailand, non-Thai nationals cannot own land outright in their name. Land can be controlled through either a Thai Company or a long-term registered lease. The longest registered lease term by Thai law is 30 years, and most developers will offer 3 terms for a total of 90 years.

 

Read more here

After you have found the right property at Supalai Ville Chiang Mai you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer


 

Read more here

A 30-year lease period is legally protected under Thai law and ownership cannot be disrupted. It is common for developers to offer an additional two terms of 30 contractually obligating a total of 90 years. 

Prior to purchasing a leasehold property it is important to secure a copy of the lease agreement or get further clarity on these three points.

  • - Who is the lessor? (an individual or a Thai Company) Securing a lease from a Thai Company offers much more security than a private individual.
  • - Do I have voting rights as a Lessee? (Some lease contracts do not allow lessee to have voting rights)
  • - Is there a succession clause in the lease agreement that will allow inheritance of the lease?

 

Read more here

Thailand has different visas like Spousal Visa, Retirement Visa, Student Visa and Elite Visa - just to name a few options. Each visa has different requirements but they are usually easy to obtain.

 

Read more here

Sale Price : ฿5,759,000
Fazwaz Estimate : ฿5,550,000
Price Rating : Great Price
Sale Price : ฿12,140,999
Fazwaz Estimate : ฿11,990,999
Price Rating : Great Price
Sale Price : ฿1299,999
Fazwaz Estimate : ฿179,999
Price Rating : Overpriced
Sale Price : ฿159,999
Fazwaz Estimate : ฿149,999
Price Rating : Fair Price

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Reviews

4.5 out of 5 4.5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Perfect location
4.5 Anurak Aroon, Thailand, 1 year ago
My family and I relocated to Chiang Mai, so I looked for a house to buy here. Then, I came across this resale 3-bedroom house. It looks great and durable. Plus, living space is divided into the perfect proportion. Most importantly, the location is perfect since it is close to the malls, schools, and 700 Year Stadium Chiang Mai, which is something that meets my lifestyle. Unfortunately, there are almost no facilities within the project besides gardens, CCTV, and 24-hour security. It makes me still unable to decide whether to buy a house or not. However, my wife seems to like it as she doesn't like to exercise or go swimming in the pool.

Chiang Mai

Chai Sathan

Neighborhood Overview

Location and Neighborhood

Street View

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